Groww Creditserv Technology Profile
Key Indicators
- Authorised Capital ₹ 550.00 Cr
- Paid Up Capital ₹ 435.50 Cr
- Company Age 4 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 297.00 Cr
- Revenue Growth 136.35%
- Profit Growth -5409.08%
- Ebitda -4098.44%
- Net Worth 89.04%
- Total Assets 102.37%
About Groww Creditserv Technology
Groww Creditserv Technology Private Limited (GCTPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 January 2021 (Four years and three months 29 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 550.00 Cr and a paid-up capital of Rs 435.50 Cr.
The company currently has active open charges totaling ₹297.00 Cr.
The Key Managerial Personnel (KMP) at Groww Creditserv Technology Private Limited India is Sneha Jain as COMPANY SECRETARY. Harsh Jain, Ishan Bansal, Subhabrata Ghosh, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65990KA2021PTC143517
- Company No.
143517
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jan 2021
- Date of AGM
12 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Groww Creditserv Technology Private Limited
Explore comprehensive data for Groww Creditserv Technology Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Groww Creditserv Technology?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishan Bansal  | Managing Director | 25-Jan-2021 | Current |
| Sneha Jain | Company Secretary | 23-Sep-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harsh Jain | Director | 25-Jan-2021 | Current |
| Ashutosh Naik | Director | 24-May-2021 | Current |
| Subhabrata Ghosh | Director | 16-Jul-2024 | Current |
| Abinav Karthik | Additional Director | 17-Feb-2025 | Current |
| Siddhartha Sengupta | Director | 09-Feb-2021 | Current |
Financial Performance of Groww Creditserv Technology.
Groww Creditserv Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.35% increase. The company also saw a substantial fall in profitability, with a 5409.08% decrease in profit. The company's net worth Soared by an impressive increase of 89.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Groww Creditserv Technology?
In 2023, Groww Creditserv Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Federal Operations And Services LimitedSiddhartha Sengupta is a mutual person
- Groww Invest Tech Private Limited
Harsh Jain and Subhabrata Ghosh are mutual person
- Groww Asset Management Limited
Harsh Jain is a mutual person
- Billionbrains Garage Ventures Private Limited
Harsh Jain and Ishan Bansal are mutual person
- Groww Pay Services Private Limited
Abinav Karthik and Ashutosh Naik are mutual person
- Groww Trustee Limited
Ashutosh Naik is a mutual person
Charges (Loans)
Open Charges
₹297.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 247.00 Cr
- Yes Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2024 | Others | ₹151.00 Cr | Open |
| 18 Jun 2024 | Others | ₹50.00 Cr | Open |
| 25 May 2024 | Yes Bank Limited | ₹50.00 Cr | Open |
| 06 Mar 2024 | Others | ₹6.00 Cr | Open |
| 23 Dec 2023 | Others | ₹30.00 Cr | Open |
How Many Employees Work at Groww Creditserv Technology?
Groww Creditserv Technology has a workforce of 57 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Groww Creditserv Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Groww Creditserv Technology's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Groww Creditserv Technology
Recent activity within the organization
- Director Appointment
Abinav Prakash Viswanathan Karthik was appointed as a Additional Director was appointed as a Additional Director on 17 Feb 2025 & has been associated with this company since 3 months 6 days .
- Charges
A charge with Others amounted to Rs. 151.00 Cr with Charge ID 100992132 was registered on 27 Sep 2024.
- Director Appointment
Subhabrata Ghosh was appointed as a Director was appointed as a Director on 16 Jul 2024 & has been associated with this company since 10 months 8 days .
- Annual General Meeting
Groww Creditserv Technology Private Limited last Annual general meeting of members was held on 12 Jul 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100936530 was registered on 18 Jun 2024.
- Charges
A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100922679 was registered on 25 May 2024.
Recent News, Updates & Announcement
Groww and Zerodha's New Features Protect F&O Traders from Losses and High-Risk Bets - Trade Responsibly!.When you lose money in F&O trading, Groww's new feature got you covered. It helps you exit when you hit a certain loss. 15% of their customers are into this risky business, but don't worry, they got your back. They also have a 'anti-nudge' feature to warn you about high-risk bets. Zerodha also has a similar feature. Let's trade responsibly, guys..
- Funding Winter shuts over 35,000 startups in 2023. Will VCs fund tech platforms this year? | Mint.
Indian startup ecosystem faced challenges in 2023 with funding winter intensifying, leading to venture closures. Deal volume and size declined, mega rounds dropped by 70%, and unicorns decreased. Tech startups saw a decline while focus shifted to traditional sectors. .
- Groww App Not Working: Users Unable to Login as Financial Trading Platform Faces Technical Glitch,.
Groww App, a popular trading app, was recently reportedly by the users on X to be showing error while accessing it. The users complained on X about the 'Groww App Not Working' issue and the company responded by fixing the error. .
Frequently asked questions
What is the Incorporation or founding date of Groww Creditserv Technology Private Limited?
Groww Creditserv Technology Private Limited was incorporated on 25 Jan 2021.
What is authorized share capital and paid-up capital of Groww Creditserv Technology Private Limited?
The authorized share capital of Groww Creditserv Technology Private Limited is ₹ 550.00 Cr and paid-up capital is ₹ 435.50 Cr.
Who are the current board members & directors of Groww Creditserv Technology Private Limited?
Currently 7 directors are associated with Groww Creditserv Technology Private Limited.
- Harsh Jain
- Ishan Bansal
- Subhabrata Ghosh
- Abinav Prakash Viswanathan Karthik
- Sneha Jayantilal Jain
- Ashutosh Ashok Naik
- Siddhartha Sengupta
What is the registered address of Groww Creditserv Technology Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Groww Creditserv Technology Private Limited is Vaishnavi Tech Park South Tower 4Th Floor Survey No.16/1 And 17/2 Ambalipura Village Varthur Hobli, Bangalore India, Bangalore South, Karnataka, 560103.
What is the corporate identification number (CIN) and company number of Groww Creditserv Technology Private Limited?
The corporate identification number (CIN) of Groww Creditserv Technology Private Limited is U65990KA2021PTC143517 and the company number is 143517 as per Ministry of Corporate Affairs (MCA).
What is the official website of Groww Creditserv Technology Private Limited?
The Official website of Groww Creditserv Technology Private Limited is https://www.groww.in
What has been the recent revenue trend for Groww Creditserv Technology Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Groww Creditserv Technology Private Limited has risen by 136.35%.
How many employees does Groww Creditserv Technology Private Limited currently have?
As Per 2023 financial reports, 57 employees are currently employed by Groww Creditserv Technology Private Limited.
What change has been observed in the net worth of Groww Creditserv Technology Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Groww Creditserv Technology Private Limited has experienced an upsurge of 89.04%.
What are the total open charges for Groww Creditserv Technology Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Groww Creditserv Technology Private Limited amount to ₹ 297.00 Cr.
When was the last Balance Sheet of Groww Creditserv Technology Private Limited filed with the ROC?
The most recent Balance Sheet for Groww Creditserv Technology Private Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records